Risk tiers

Six-dimension rubric: counterparty, custody, oracle, liquidity, volatility, funding. Composite drives the A/B/C label. We publish the rubric, not advice — same A/B/C convention as defimarketplus.

2
12
2

Tier A — cleanest

Major venues, deep liquidity, conservative funding profile.

  • PAX Gold (LBMA bars, Paxos)
    PAXG
    Composite
    8.4
    Cnt 9
    Orc 8
    Liq 8
    Vol 8
    Fnd
    Cus 9
  • Gold (GOLD-PERP, Coinbase International)
    GOLD-PERP
    Composite
    6.6
    Cnt 9
    Orc 8
    Liq 7
    Vol 8
    Fnd 1
    Cus

Tier B — workable

Functional but with one or more concentration / volatility caveats.

  • Gold (XAU/USD perp)
    XAUUSD
    Composite
    7.6
    Cnt 7
    Orc 9
    Liq 7
    Vol 8
    Fnd 7
    Cus
  • Silver (XAG/USD perp)
    XAGUSD
    Composite
    7.6
    Cnt 7
    Orc 9
    Liq 6
    Vol 7
    Fnd 9
    Cus
  • WTI Crude Oil (perp)
    USOIL
    Composite
    6.4
    Cnt 7
    Orc 8
    Liq 6
    Vol 5
    Fnd 6
    Cus
  • Brent Crude Oil (perp)
    UKOIL
    Composite
    6.0
    Cnt 7
    Orc 8
    Liq 5
    Vol 5
    Fnd 5
    Cus
  • Tether Gold (TG Commodities custody)
    XAUt
    Composite
    7.4
    Cnt 7
    Orc 8
    Liq 7
    Vol 8
    Fnd
    Cus 7
  • Gold (XAU/USDT perp, OKX)
    XAU-USDT
    Composite
    7.4
    Cnt 7
    Orc 8
    Liq 7
    Vol 8
    Fnd 7
    Cus
  • Silver (XAG/USDT perp, OKX)
    XAG-USDT
    Composite
    6.8
    Cnt 7
    Orc 8
    Liq 7
    Vol 7
    Fnd 5
    Cus
  • Copper (XCU/USDT perp, OKX)
    XCU-USDT
    Composite
    5.8
    Cnt 7
    Orc 8
    Liq 6
    Vol 6
    Fnd 2
    Cus
  • Platinum (XPT/USDT perp, OKX)
    XPT-USDT
    Composite
    5.4
    Cnt 7
    Orc 8
    Liq 5
    Vol 6
    Fnd 1
    Cus
  • Silver (SILVER-PERP, Coinbase International)
    SILVER-PERP
    Composite
    7.0
    Cnt 9
    Orc 8
    Liq 6
    Vol 7
    Fnd 5
    Cus
  • PAX Gold (PAXG-PERP, Coinbase International)
    PAXG-PERP
    Composite
    7.4
    Cnt 8
    Orc 7
    Liq 6
    Vol 8
    Fnd 8
    Cus
  • PAX Gold (PAXG perp, Hyperliquid)
    PAXG
    Composite
    6.8
    Cnt 6
    Orc 7
    Liq 5
    Vol 8
    Fnd 8
    Cus

Tier C — caveat-emptor

Material risk on at least one dimension; hold sized accordingly.

  • Natural Gas (perp)
    NATGAS
    Composite
    5.8
    Cnt 7
    Orc 7
    Liq 5
    Vol 4
    Fnd
    Cus
  • Palladium (XPD/USDT perp, OKX)
    XPD-USDT
    Composite
    5.0
    Cnt 7
    Orc 8
    Liq 4
    Vol 5
    Fnd 1
    Cus